Jefferies Financial Group Upgrades Hermes International (OTCMKTS:HESAY) to Strong-Buy

Hermes International (OTCMKTS:HESAY) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Other analysts also recently issued reports about the company. Barclays downgraded Hermes International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. DZ Bank raised Hermes International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Hermes International has a consensus rating of “Moderate Buy”.

Hermes International Price Performance

OTCMKTS HESAY opened at $253.28 on Monday. The company’s fifty day simple moving average is $249.50 and its 200-day simple moving average is $250.25. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.50 and a quick ratio of 3.65. Hermes International has a 52 week low of $232.01 and a 52 week high of $303.00.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.